PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Days Inventory : 46.40 (As of Dec. 2023)

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What is PT Adaro Minerals Indonesia Tbk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PT Adaro Minerals Indonesia Tbk's Average Total Inventories for the three months ended in Dec. 2023 was Rp1,267,799 Mil. PT Adaro Minerals Indonesia Tbk's Cost of Goods Sold for the three months ended in Dec. 2023 was Rp2,493,244 Mil. Hence, PT Adaro Minerals Indonesia Tbk's Days Inventory for the three months ended in Dec. 2023 was 46.40.

The historical rank and industry rank for PT Adaro Minerals Indonesia Tbk's Days Inventory or its related term are showing as below:

ISX:ADMR' s Days Inventory Range Over the Past 10 Years
Min: 40.74 Med: 87 Max: 173.64
Current: 57.09

During the past 6 years, PT Adaro Minerals Indonesia Tbk's highest Days Inventory was 173.64. The lowest was 40.74. And the median was 87.00.

ISX:ADMR's Days Inventory is ranked worse than
72.17% of 115 companies
in the Other Energy Sources industry
Industry Median: 30.14 vs ISX:ADMR: 57.09

PT Adaro Minerals Indonesia Tbk's Days Inventory increased from Dec. 2022 (46.22) to Dec. 2023 (46.40). It might indicate that PT Adaro Minerals Indonesia Tbk's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PT Adaro Minerals Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 1.97.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. PT Adaro Minerals Indonesia Tbk's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.

PT Adaro Minerals Indonesia Tbk Days Inventory Historical Data

The historical data trend for PT Adaro Minerals Indonesia Tbk's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Adaro Minerals Indonesia Tbk Days Inventory Chart

PT Adaro Minerals Indonesia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

136.34

111.08

62.92

40.74

44.33

PT Adaro Minerals Indonesia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										46.22	59.80	75.08	65.65	46.40

Competitive Comparison of PT Adaro Minerals Indonesia Tbk's Days Inventory

For the Thermal Coal subindustry, PT Adaro Minerals Indonesia Tbk's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Adaro Minerals Indonesia Tbk's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Adaro Minerals Indonesia Tbk's Days Inventory distribution charts can be found below:

* The bar in red indicates where PT Adaro Minerals Indonesia Tbk's Days Inventory falls into.

PT Adaro Minerals Indonesia Tbk Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

PT Adaro Minerals Indonesia Tbk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (838164.065	+	1044387.268)	/	2 )	/	7750390.41	*	365
=	941275.6665					/	7750390.41	*	365
=	44.33

PT Adaro Minerals Indonesia Tbk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1491209.957	+	1044387.268)	/	2 )	/	2493243.941	*	365 / 4
=	1267798.6125					/	2493243.941	*	365 / 4
=	46.40

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

PT Adaro Minerals Indonesia Tbk's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2493243.941	/	1267798.6125
	=	1.97

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

PT Adaro Minerals Indonesia Tbk's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1267798.6125	/	5631986.335
	=	0.23

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

PT Adaro Minerals Indonesia Tbk Days Inventory Related Terms

Thank you for viewing the detailed overview of PT Adaro Minerals Indonesia Tbk's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Adaro Minerals Indonesia Tbk (ISX:ADMR) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Cyber 2 Tower Lt.34 Jl. Rasuna Said, Blok X-5 No.13 Kel Kuningan Timur, Kec Setiabudi, Prov DKI, Kota Adm Jakarta Selatan, Jakarta, IDN

Website

https://www.adarominerals.id

PT Adaro Minerals Indonesia Tbk is engaged in metallurgical coal mining, and minerals mining and processing businesses. The company's business operations comprise coal mining and other services.

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